AsiaNews | Tuesday 25, September | Colombo | by Claude Gunasekera : “ Present bilateral trade between Sri Lanka and Czech Republic  is a mere 50 million USD, and there are almost no investments from either side. Therefore this is a step in the right direction to strengthen and promote business relations between Czech Republic and Sri Lanka.” said, Milan Hovorka, Ambassador of the Czech Republic to Sri Lanka in India at the Ceylon Chamber of Commerce when signing an MoU.

The Ceylon Chamber of Commerce with a view to build a dependable, pragmatic, and advantageous relationship and to establish friendly and cordial relations between Sri Lanka and Czech Republic, signed a Memorandum of Understanding (MOU) with the Czech Chamber of Commerce last week.

Rajendra Theagarajah, Chairman of Ceylon Chamber of Commerce and Michal Stefl, Vice President, Czech Chamber of Commerce signed the MOU in the presence of Malik Samarawickrama, Minister of Development Strategies and International Trade, Milan Stech, President of the Senate of the Parliament of the Czech Republic, Milan Hovorka, Ambassador of the Czech Republic to Sri Lanka, Dhara Wijayatilake, Chief Executive Officer, the Ceylon Chamber of Commerce, and Dr. Lohitha Samarawickrema, Honorary Consul General for Czech Republic in Sri Lanka.

The scope of the MOU would be to disseminate trade and investment related information to enhance bilateral trade initiated and promoted through joint ventures or partnerships while providing technical expertise, arrange business promotion missions between the two countries, formulate proposals to accelerate bilateral relations and convene Business Forums and Business Matchmaking Sessions.

The Ceylon Chamber of Commerce, have already signed 128 Memoranda of Understanding to expand and further strengthen strong relationships with overseas trade promotion organisations for the benefit of business community in Sri Lanka.


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